To calculate their net worth, all businesses, whether public or private, keep track of their assets and liabilities through a series of financial records. To find out if the business is profitable or losing money, these reports comprise all accrued liabilities, financial and non-financial assets, and both. Effective Chief Information Security Officers always do a similar accounting for their cybersecurity assets and liabilities without realizing they are really just determining their cybersecurity net worth. Most companies do not add their cybersecurity strategy to either of these categories. liabilities related to security. Regretfully, your biggest asset—your people—are also your biggest security risk. But do you really believe that is all you will be held accountable for in the event of a cyber breach?
